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Distinguish genetic engineering from artificial selection.
Gross Profit
The difference between revenue and the cost of goods sold before deducting operating expenses, interest, and taxes.
Operating Expenses
Costs related to the primary activities of a business, excluding costs of goods sold.
Cost of Goods Sold
The direct costs attributable to the production of the goods sold in a company, including the cost of materials and labor.
Net Sales
The amount of revenue from sales after deducting returns, allowances for damaged or missing goods, and discounts.
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